Melewar Industrial Group Bhd (XKLS:3778) Total Assets : RM755.5 Mil (As of Dec. 2023)

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What is Melewar Industrial Group Bhd Total Assets?

Melewar Industrial Group Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM755.5 Mil.

During the past 12 months, Melewar Industrial Group Bhd's average Total Assets Growth Rate was 4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 0.90% per year. During the past 10 years, the average Total Assets Growth Rate was -2.70% per year.

During the past 13 years, Melewar Industrial Group Bhd's highest 3-Year average Total Assets Growth Rate was 19.40%. The lowest was -24.90%. And the median was 1.30%.

Total Assets is connected with ROA %. Melewar Industrial Group Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -2.14%. Total Assets is also linked to Revenue through Asset Turnover. Melewar Industrial Group Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.

Melewar Industrial Group Bhd Total Assets Historical Data

The historical data trend for Melewar Industrial Group Bhd's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Melewar Industrial Group Bhd Total Assets Chart

Melewar Industrial Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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732.62

692.48

779.98

888.98

751.65

Melewar Industrial Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															723.56	726.78	751.65	723.34	755.54

Melewar Industrial Group Bhd Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Melewar Industrial Group Bhd's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	534.734	+	216.915
	=	751.6

Melewar Industrial Group Bhd's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	531.647	+	223.891
	=	755.5

Melewar Industrial Group Bhd (XKLS:3778) Total Assets Explanation

Total Assets is connected with ROA %.

Melewar Industrial Group Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-15.844	/	( (723.335	+	755.538)	/ 2 )
	=	-15.844	/	739.4365
	=	-2.14 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Melewar Industrial Group Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	177.785	/	( (723.335	+	755.538)	/ 2 )
=	177.785	/	739.4365
=	0.24

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Melewar Industrial Group Bhd Total Assets Related Terms

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Melewar Industrial Group Bhd (XKLS:3778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Melewar Industrial Group Bhd (XKLS:3778) » Definitions » Total Assets

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Address

Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200

Website

http://www.melewar-mig.com

Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

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